TripleA announces the ranking of the number of cryptocurrency holders in the world Japan is about 5 million people

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More than 400 million people in the world use virtual currency

Crypto asset (virtual currency) settlement company TripleA has released a report on the global ownership of cryptocurrencies.

It is estimated that by 2023, the average ownership rate of cryptocurrencies in countries and regions around the world will be 4.2%, and the total number of cryptocurrency users in the world will exceed 420 million.

The top 10 countries by cryptocurrency holders were:

rank Country Number of cryptocurrency holders
1 usa 27.3 million people
2 India 10 million people
3 Vietnam 9.2 million people
Four UK 8.6 million people
Five China 8.3 million people
6 Türkiye 7.3 million people
7 Korea 6.8 million people
8 Indonesia 6.2 million people
9 Brazil 5.9 million people
Ten Philippines 5.7 million people

Among global cryptocurrency holders, 63% are male and 37% are female. In addition, 72% are under the age of 34, and 71% have a bachelor’s degree or higher. The annual income of the average cryptocurrency holder was about 3.5 million yen ($25,000). You can see that there are many young men.

In Japan, it is estimated that over 4.998 million people, equivalent to about 4% of the total population, own cryptocurrencies.

Statistics about payments, transfers and games

TripleA points out that major brands in various industries, such as Mastercard, Expedia and Gucci, are also starting to accept cryptocurrency payments.

Source: TripleA

A study by TripleA found that merchants that started accepting cryptocurrency payments achieved an average return on investment (ROI) of 327% and increased new customers by up to 40%.

Customers using cryptocurrencies also spent an average of about 35,000 yen (about $250) more per transaction than the average customer would spend.

TripleA also publishes data on money transfers and games. International digital remittances are expected to grow from about 42 trillion yen ($295 billion) in 2021 to about 61 trillion yen ($428 billion) in 2025, with 15.8% of remittances already making money transfers. He said he uses virtual currency.

It continues that the gaming market is expected to reach about 48 trillion yen ($340 billion) by 2027. As of 2021, 25.1% of cryptocurrency owners have used cryptocurrencies to pay for online games or gambling.

luxury market

TripleA also notes that luxury brands such as Gucci, Off-White, and Phillip Plein have entered the cryptocurrency space.

Considering that more than 36% of cryptocurrency holders have an annual income of around ¥14 million ($100,000) or more, it is clear that there is a large number of wealthy people in the cryptocurrency population, and they are spending more than the average. I thought there was a tendency to

Gucci, for example, just signed a partnership in March with Yuga Labs, the studio behind the popular NFT Bored Ape Yacht Club (BAYC).

The aim is to “explore the intersection of fashion and entertainment in the Metaverse”.

What is the Metaverse

A multiplayer 3D virtual reality world built on the Internet. You can enjoy various ways using avatars. For example, the in-game metaverse called “The Sandbox” provides voxel art creation tools and game creation tools, in which users can create their own games and facilities.

▶Cryptocurrency Glossary

connection: Gucci signs multi-year partnership with YugaLabs

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